FUZHOU, China, June 24, 2022 (Globe NEWSWIRE) — E-Residence Domestic Services Holdings Minimal (Nasdaq: EJH) (the “Organization” or “E-Dwelling”), a service provider of integrated home services in China, currently introduced the Company has been awarded further RMB4.7 million new contracts throughout April-May perhaps to supply house cleansing products and services for neighborhood residences.
The Company signed RMB0.8 million of the assistance contracts and Putian YouYou Cleaning Co., Ltd. (“YouYou”), a subsidiary of the Firm, was awarded RMB3.9 million of the new small business. YouYou is a main cleansing products and services service provider and a member enterprise at Fujian Province Cleansing Market Association and E-House acquired 60% of equity passions in YouYou in January.
Below the contract, the Company and YouYou will provide concentrated sweep by means of designated neighborhoods and preserve their cleanliness for contracted company time period that ranges from 10 to 12 months. The neighborhoods include things like, amid some others, 1.1 million sq. meter properties formulated by China’s developer R&F Group, which is managed by property management agency Guangzhou Tianli House Management, Xiamen Department, and .26 million square meter properties managed by Fujian Fusheng Residence Management Co. Ltd.
Mr. Wenshan Xie, Chairman and CEO of E-Home, commented: “It’s an honor to be selected to offer our flagship cleaning solutions to our shopper associates. Our posture on these contracts gives our clients access to E-Home’s successful and experienced cleanliness maintenance expert services. We are happy to have been chosen for these contracts that will aid our consumers with shielding cleanness at their facilities. We glimpse forward to a extended and effective partnership with all of our customers.”
About E-Property Residence Support Holdings Minimal
Established in 2014, E-Property Family Company Holdings Confined is a Nasdaq-listed family service organization dependent in Fuzhou, China. The Business, as a result of its internet site and WeChat platform “e家快服”, offers integrated house services, which includes 1) installation and upkeep of residence appliances and good residences 2) Housekeeping, nanny, sister-in-law and cleansing services 3) Web aged treatment + property-centered aged treatment 4) Hospital care 5) Nanny shipping platform.
Just after several years of progress, the Firm has formed two key companies and four auxiliary solutions concentrating on at person customers (ToC) and business enterprise shoppers (ToB). 1) The ToC enterprise focuses on nanny, sister-in-legislation, residence-based mostly elderly treatment and cleansing, and household in depth support supplemented by other housekeeping providers. At current, it has properly connected with metaverse engineering to understand metaverse-based customer provider as properly as training of domestic staff. The ToB company focuses on community cleaning and cleaning robotic products. Four auxiliary products and services involve 1) docking and application of metaverse technology to housekeeping and cleansing industries 2) online and offline income of medicine and well being meals (including nannies and nursing staff) 3) coaching on nannies and nursing personnel to engage in well being treatment in bodily stores 4) human assets (adaptable work).
E-Home has turn out to be a fashionable business of extensive support for family life. The Business normally adheres to the organization philosophy of “solving every single situation of customers with heart”, and to the code of carry out of “executing anything perfectly with coronary heart”. The Organization aims to established the benchmark of the household services marketplace. For more information and facts, visit the Firm’s web-site at http://www.ej111.com/ir.html.
All statements other than statements of historic fact in this announcement are forward-looking statements in nature within just the this means of the Non-public Securities Litigation Reform Act of 1995. These ahead-on the lookout statements involve recognized and mysterious pitfalls and uncertainties and are based on present-day anticipations and projections about upcoming situations and financial trends that the Organization thinks may perhaps have an affect on its economical affliction, results of operations, company method and fiscal demands. Terms or phrases these types of as “could,” “will,” “hope,” “foresee,” “goal,” “estimate,” “intend,” “approach,” “think,” “likely,” “carry on,” “is/are very likely to” or other similar expressions are supposed to establish such ahead-on the lookout statements. The Corporation undertakes no obligation to update forward-searching statements to replicate subsequent transpiring functions or situations, or variations in its anticipations, except as may be essential by legislation. Despite the fact that the Corporation thinks that the expectations expressed in these forward-hunting statements are realistic, it are not able to guarantee you that this sort of anticipations will transform out to be proper, and the Firm cautions investors that true results may perhaps vary materially from the anticipated benefits and encourages traders to take into account possibility factors, like those described in the Company’s filings with the SEC, that may perhaps impact the Company’s future success. All forward-searching statements attributable to the Enterprise and its subsidiaries or folks performing on their behalf are expressly certified in their entirety by these chance variables.
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